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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2) Detour-Fenelon Gold Trend Property located in the Nord-du-Quebec administrative region approximately 75 kilometers (km) west-northwest of the town of Matagami, in the province of Quebec, Canada. Its Detour-Fenelon Gold Trend projects include Casault, Detour East, Grasset Gold, Harri and Doigt. The Company owns a 100% interest in the Nantel property. Its other gold assets include Hwy 810, Beschefer and N2 Property. The Grasset gold property is located immediately east of and adjoins the Fenelon property. The Company also holds approximately 15.8% interest in the common shares of NorthX Nickel Corp.


TSX:WM - Post by User

Comment by itsalieon Oct 03, 2018 12:03pm
50 Views
Post# 28737873

RE:RE:RE:RE:is it possible their intentionally keeping the price down?

RE:RE:RE:RE:is it possible their intentionally keeping the price down?
KW_08 wrote:
itsalie wrote:
In my experience that is not how it works.. you don't pay for your options, you just get the difference from the option price and the selling price.. I've sold 50k worth of options, I did not have to cut a check for 25k to do so.. 


You need to pay for the shares at the exercise price (ie $0.05) and you need to pay the capital gains taxes between the exercise price and the actual price.  That's the way it works, check your facts.

If you have an arrangement whereby there is zero cost to you, then you're selling shares to cover the difference automatically.  This would still show up as an insider sell.  

Attila Pentek sold 55,290 shares at $0.28.  A number like that is obviously to cover a specific cost.

I'm not sure what has scarred you in the past, but not everything has to be a negative.  Just seems to be the way you choose to live your life.  I've been having these little squabbles with you since the price was at $0.05.  500% later and you're still searching for smoke.


no you don't have to pay for the options, check your facts.. it's an option, but not an attractive one.. and its not negative, its just a fact.. clearly you have ever exercised options before, I have.. 

  • Cashless exercise – You exercise your options and sell enough of the stock to cover the purchase price. The brokerage firm makes this happen simultaneously. You are left with 500 shares of Widget which you can either keep or sell.
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